Form 4/A for MGRC MCGRATH RENTCORP
Accepted 2023-03-14 00:00:00 ET · period of report 2023-02-27 · accession 0000752714-23-000043 · SEC index · Original document
Summary rows
Aggregated the way they appear in lists: one row per insider, transaction code and security table.
| X | Filed | Traded | Ticker | Insider | Title | Type | Price | Qty | Owned | ΔOwn | Value |
|---|---|---|---|---|---|---|---|---|---|---|---|
| DMA | 2023-03-14 | 2023-02-27 | MGRC | HANNA JOSEPH F | Pres, CEO | M - OptEx | $0.00 | +11.6K | 149.3K | +8% | $0 |
| DA | 2023-03-14 | 2023-02-27 | MGRC | HANNA JOSEPH F | Pres, CEO | F - Tax | $101.99 | -10.7K | 141.4K | -7% | -$1.09M |
| DA | 2023-03-14 | 2023-02-27 | MGRC | HANNA JOSEPH F | Pres, CEO | A - Grant | $0.00 | +8,658 | 140.5K | +7% | $0 |
| DMA | 2023-03-14 | 2023-02-27 | MGRC | HANNA JOSEPH F | Pres, CEO | M - OptEx | $0.00 | -11.6K | 2,674 | -81% | $0 |
Purchase Sale Sale after option exercise All abbreviations
Every reported transaction
| # | Table | Security | Date | Code | A/D | Shares | Price | Owned after | Own | Exercise / expiry | Underlying | Footnotes |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 1 | Common | Common Stock | 2023-02-27 | M | A | 2,961 | $0.00 | 143,416 | D | — | — | |
| 2 | Common | Common Stock | 2023-02-27 | M | A | 2,673 | $0.00 | 146,089 | D | — | — | |
| 3 | Common | Common Stock | 2023-02-27 | M | A | 2,769 | $0.00 | 152,063 | D | — | — | |
| 4 | Common | Common Stock | 2023-02-27 | F | D | 10,661 | $101.99 | 141,402 | D | — | — | (F5) This Amendment is being filed to correct the number of Securities Beneficially Owned Following the Reported Transactions on the Form 4 filed on March 1, 2023. |
| 5 | Common | Common Stock | 2023-02-27 | A | A | 8,658 | $0.00 | 140,455 | D | — | — | (F4) Upon achievement of certain performance goals, each vested PSU converted into 97.5% of one share of McGrath RentCorp common stock. |
| 6 | Common | Common Stock | 2023-02-27 | M | A | 3,205 | $0.00 | 149,294 | D | — | — | |
| 7 | Derivative | Restricted Stock Unit | 2023-02-27 | M | D | 2,961 | $0.00 | 0 | D | $0.00 · 2021-02-27 to 2027-02-25 | 2,961 Common Stock | (F1) The restricted stock unit shall vest 33% on the first annual anniversary of the grant; 33% on the second annual anniversary of the grant; and 34% on the third annual anniversary of the grant. Each restricted stock unit represents a right to receive one share of common stock or an amount equal to the fair market value of the common stock underlying the unit on the vesting date. |
| 8 | Derivative | Restricted Stock Unit | 2023-02-27 | M | D | 2,769 | $0.00 | 5,541 | D | $0.00 · — to 2029-02-25 | 2,769 Common Stock | (F2) The conversion price of the RSUs was based on the closing price of McGrath RentCorp common stock on February 27, 2023 and therefore such date is determined to be the date exercisable. (F1) The restricted stock unit shall vest 33% on the first annual anniversary of the grant; 33% on the second annual anniversary of the grant; and 34% on the third annual anniversary of the grant. Each restricted stock unit represents a right to receive one share of common stock or an amount equal to the fair market value of the common stock underlying the unit on the vesting date. |
| 9 | Derivative | Restricted Stock Unit | 2023-02-27 | M | D | 3,205 | $0.00 | 0 | D | $0.00 · — to 2028-02-25 | 3,205 Common Stock | (F2) The conversion price of the RSUs was based on the closing price of McGrath RentCorp common stock on February 27, 2023 and therefore such date is determined to be the date exercisable. (F3) The restricted stock unit vests 50% on each anniversary of the grant date until fully vested. Each unit represents a right to receive one share of common stock or an amount equal to the fair market value of the Common Stock underlying the unit on the vesting date. |
| 10 | Derivative | Restricted Stock Unit | 2023-02-27 | M | D | 2,673 | $0.00 | 2,674 | D | $0.00 · — to 2028-02-25 | 2,673 Common Stock | (F2) The conversion price of the RSUs was based on the closing price of McGrath RentCorp common stock on February 27, 2023 and therefore such date is determined to be the date exercisable. (F1) The restricted stock unit shall vest 33% on the first annual anniversary of the grant; 33% on the second annual anniversary of the grant; and 34% on the third annual anniversary of the grant. Each restricted stock unit represents a right to receive one share of common stock or an amount equal to the fair market value of the common stock underlying the unit on the vesting date. |